Talk of The Villages Florida - View Single Post - Buying a home from TV agent, do we get them a gift for their work?
View Single Post
 
Old 02-07-2023, 01:18 PM
retiredguy123 retiredguy123 is offline
Sage
Join Date: Feb 2016
Posts: 17,598
Thanks: 3,085
Thanked 16,762 Times in 6,637 Posts
Default

Quote:
Originally Posted by RiderOnTheStorm View Post
Keep in mind that Village "realtors" are more accurately "sales agents" who have no fiduciary responsibility to you. They are free to represent whichever side of the deal is necessary to close the sale. Twice I overheard my agent urge a prospective buyer of my house to look at slightly less expensive homes in another Village, rather than work to close my sale. I would have fired her if I could. Still want to tip them?
The Villages sales people are licensed real estate agents, and they have a fiduciary responsibility to both the buyer and the seller by Florida law. But, contractually, they represent the seller, not the buyer, for negotiating the sales price and other terms of the sale.